The NZDUSD tests the resistance – Analysis - 27-07-2021
Economies.com
2021-07-27 04:11AM UTC
The NZDUSD pair provided clear positive trades yesterday to test the key resistance 0.7000, as it keeps its stability below it until now, noticing that stochastic shows negative signals that we are waiting to motivate the price to decline again.
Therefore, the bearish trend scenario will remain active for the upcoming period conditioned by the price stability below 0.7000, reminding you that our first target is located at 0.6900.
The expected trading range for today is between 0.6930 support and 0.7030 resistance
The expected trend for today: Bearish
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